Industrial Centrifuges Market

Partnerships, Collaborations, Agreements, and Acquisitions Accounted for the Majority of the Growth Strategies Adopted by Players to Sustain Their Growth in the Industrial Centrifuges Market

The industrial centrifuges market is projected to reach USD 11.06 Billion by 2022 from USD 8.69 Billion in 2017, at a CAGR of 4.9%. The increasing demand for centrifuges in process industries, rising need for wastewater management solutions, and technological advancements in centrifuge systems are the major factors driving the growth of this market. However, the high cost of centrifuges is expected to restrain market growth during the forecast period

Partnerships, collaborations, agreements, and acquisitions accounted for the majority of the growth strategies adopted by players to sustain their growth in the market. The global industrial centrifuges market is highly fragmented with several big and small players. Prominent players in the market include Andritz, Alfa Laval, GEA Group, Mitsubishi Kakoki Kaisha, Thomas Broadbent, FLSmidth, Schlumberger, Hiller, Ferrum, TEMA, HEINKEL, Gruppo Pieralisi, SPX Flow, and HAUS Centrifuge Technologies.

In 2016, Alfa Laval dominated the industrial centrifuges market. The company’s expertise, experience, and comprehensive capabilities in various industries and their business functions, enables it to maintain its position in the market. The company has a wide global presence with operations in North America, Europe, and rest of the world. The company focuses on achieving sustainable growth by enhancing its operating base by acquisitions and launching competitive technologies. In this regards, in July 2015, Alfa Laval acquired an aftermarket company specialized in separation technology. This acquisition complemented the company’s existing business in terms of addition of new sales channels. Similarly, in April 2015, the company launched CultureFuge 200 separator. This launch enabled the company to expand its range of hermetic cell culture centrifuges.

GEA Group has maintained its strong market position in the market. The company has a robust portfolio of centrifugation equipment and a wide global presence. The company offers a broad range of industrial centrifuges that provide high separating and clarifying efficiencies and high throughput capacities with minimum operating costs. To strengthen its position in the market, the company aims to increase its internal growth by strengthening its product portfolio. In May 2016, GEA enhanced its decanter portfolio by launching three new waterMaster decanters (CF 3000, CF 5000, and CF 8000) in its ecoforce series. In April 2016, the company also launched the new easy scale separator for downstream pharmaceutical applications.

Related Reports:

Industrial Centrifuges Market by Type (Sediment, Decanter, Disc, Filter, Basket, Screen, Peeler, Pusher), Operation (Batch, Continuous), Design (Horizontal, Vertical), End User, and Region - Global Forecast to 2022

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Report Code
MD 4232
Published ON
Sep, 2017
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